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qualify vs unqualify, modify vs unmodify report

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › qualify vs unqualify, modify vs unmodify report

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.
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  • November 26, 2016 at 5:02 pm #351699
    annyz
    Member
    • Topics: 9
    • Replies: 7
    • ☆

    Dear Sirs,

    Why it the report defined as unqualified report and qualify report by auditors?
    How to i identify when to use qualify as unmodified report or unqualify as modified report?

    Does the Unqualified means reasonable assurance opinion?
    Qualifed means negative assurance opinion ?

    Thank you.

    November 26, 2016 at 6:14 pm #351711
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10607
    • ☆☆☆☆☆

    This is all comprehensively explained in our notes and lectures, chapters 5 and 29.

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